115 Savanna Terrace DR, Liberty Hill TX 78642

The market data from 3 similar recent sales in SARATOGA SPGS points to a value of approximately $242,299. To sell within a reasonable timeframe at fair market value, the $235,000 to $250,000 range is where I'd position this. At this price, the property would be the most affordable of 5 comparable homes on the market comparable homes currently on the market in SARATOGA SPGS. Being 301 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 1.06 acres, the lot is smaller than the 1.11 acre comp average, which factors into pricing. Current inventory shows 5 comparable homes in SARATOGA SPGS; a buyer's market based on recent absorption. In 78642, home values have fallen approximately 3.1% over the past 6 months. One of the strongest data points is 140 Savanna Terrace DR, Liberty Hill TX 78642, adjusting to $223,760; with a larger floor plan. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group